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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: peter n matzke who wrote (16026)2/18/1999 7:33:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
OT

Yes, this market has me nuts. Look at it. All the funnymental data has eroded and the damn thing is unchanged for the last month.

That's scary. I don't know what to make of it except this; the next major move should have a head fake one way then run the other way.

It's the only answer. What else would it do?

Honestly. I mean, there are certainly people who don't believe that such a scenario is possible but a month from now if you look back there will be a sudden move one way and then the freakin' market will sail like a bullet the other way. As sure as Sunday follows Saturday, this market shall whip a lot of people who jump on board early because "such and such a level" was broken or taken out.

Patrick Slevin
Vice President of Chaos Theory